2005 Minnesota Statutes - 272.08 — Interest on unpaid taxes.

     272.08 Interest on unpaid taxes. 


    When any sum becomes due to the state of Minnesota as a tax 
 of any kind and remains unpaid for a period of 60 days, it shall 
 draw interest at the rate of 12 percent per annum from the 
 expiration of that period of 60 days, such interest to be paid 
 and collected with, and in like manner as, the principal sum. 


    This section shall not apply to any sum due or to become 
 due to the state as taxes upon which interest or penalties are 
 imposed after they become due or delinquent by any law now in 
 force in this state. 


    HIST: (2200, 2202) 1907 c 82 s 1,3; 1978 c 767 s 6